Edit /etc/rc.local. The two insmod commands fail, and because the shell is invoked with the -e flag (see first line of the file), a failing command causes the whole script to exit. Delete or comment out all lines except "mkdir -p /var/cache/apt/archives/partial". You might also want to add, after the mkdir, a line "/usr/sbin/ntpdate-debian" to automatically sync your clock over the network.

When I do this, I end up commenting the insmod /boot/fat.koinsmod /boot/vfat.ko

Well then I need to figure out what I am doing wrong. I reinstalled the Ubuntu / Debian 1.2 image on mine, and now when I comment out the insmod lines, I am unable to mount the FAT32 USB drive and SD card. Another issue I am having is that I have added the mount points to /etc/fstab and they don't mount automatically, I have to do it manually.